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When new technology hits the scene, big enterprises have the budget but often have to struggle through a lot of red tape to implement an upgrade. While smaller businesses are agile but may lack the resources to tap into the latest solutions.
However, when it comes to leveraging the benefits of cloud solutions, mid-sized businesses are in the sweet spot, with a big enough budget to innovate but without a lot of red tape.
Mid-sized businesses may also experience the greatest impact from implementing cloud solutions. Here are a few things that make a big difference to mid-sized businesses:
Flexibility: Cloud solutions give mid-sized business employees the ability to work wherever and whenever they prefer, opening up the opportunity to accommodate remote work settings and equipping mobile employees with the tools they need to be efficient. It also allows the business to employ strategies like a Bring Your Own Device (BYOD) program that reduces costs and allows employees to use the devices they like.
Agility: Mid-sized businesses are able to pivot quickly with cloud solutions to introduce new revenue streams or change a business model, eliminating much of the risk that typically comes with such a change. They can also quickly adopt new technologies that improve the customer experience through features available in a cloud application.
Scalability: With more users just a click away, mid-sized businesses are able to scale their cloud solutions to fit their exact needs. Whether your business has a seasonal element or your strategy relies on pop-up shops, cloud applications make it easy to spin up more users or scale back as necessary.
Predictability: With a subscription-based pay model, you pay only for the resources you use, and there are no surprise hardware upgrades. The finance department appreciates that cloud solutions are categorized as monthly operating expenses with a consistent and predictable invoice, rather than a single large investment followed by unpredictable upgrades, repairs, and hardware maintenance.
Support green initiatives: Investing in cloud technology is a good way to reduce your carbon footprint because it eliminates the need for many data centers and optimizes business productivity. It’s also more efficient than legacy computing systems. If you’re a company that prioritizes green initiatives, this could be an important consideration.
Data management: The redundancy and automatic back-ups that occur in a cloud solution support good disaster recovery and business continuity efforts. Look for cloud solutions with providers that place the same priority on security and disaster prevention as your mid-sized business.
Mid-sized businesses have a lot to gain by investing in cloud solutions. If you’d like more information about leveraging the best technology for your business objectives, contact us at Access One, where we serve businesses in the Chicago area and beyond.